
Amended Lien
An amended lien is a legal claim against a property that has been updated or changed. This typically occurs when a creditor needs to correct details in the original lien, such as the amount owed or the property description. The amendment ensures that the lien accurately reflects the current situation. It’s important for property owners to be aware of amended liens, as they can affect property rights, refinancing opportunities, and the selling process. Amended liens serve to clarify or enforce a creditor's right to seek payment from the property if debts are not settled.